Use the Following Information to Answer the Questions
a $\quad$

question 72

True/False

Use the following information to answer the Questions
A group of 22 young people must decide whether to go to the beach (B), the mountain (M), or the zoo (Z) on a field trip. Their preference rankings are summarized in the table below, and the decision will be made using a Borda count. $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\text { Number of voters }$
$\begin{array} { l c c c } & 10 & 8 & 4 \\\text { First choice } & \mathrm { B } & \mathrm { M } & \mathrm { Z } \\\text { Second choice } & \mathrm { M } & \mathrm { B } & \mathrm { M } \\\text { Third choice } & Z & Z & \mathrm {~B}\end{array}$
-Can the eight voters in the middle column change the results of the vote to their favor by changing their preference rankings?

Understand the critical elements and differences between direct statements, opening statements, and closing statements in a trial.

Recognize the requirements and procedural steps to initiate a legal case, including the correct court for filing lawsuits.

Identify and differentiate between direct examination and cross-examination techniques during a trial.

Comprehend the concepts and implications of arbitration, including voluntary submission and binding agreements.

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Definitions:

Periodic Inventory System

An accounting method where inventory is physically counted at specific periods to determine the cost of goods sold.

FIFO

An inventory valuation method that assumes the first items placed in inventory are the first sold, standing for First In, First Out.

Gross Profit

The difference between sales revenue and the cost of goods sold, indicating the profitability of a company's core activities.

Periodic Inventory System

An accounting method where inventory is updated and cost of goods sold is calculated at the end of an accounting period.